Puts Traded on NYX

Shares of NYSE Euronext NYX are trading lower on the session by 0.42%, currently at $28.65. The stock has been struggling to hold onto the gains it’s posted over the past three months and has dropped from a peak of nearly $35.00. The stock has broken through the 50-day moving average and is now sitting near the 200-day moving average. One trader is taking the opportunity to sell out of their long puts today with the June $30 put sold 3,000 times on open interest of 5,708 contracts. This suggests that the stock is oversold and may be due for a bounce (or at least not fall further). NYSE Euronext is a global operator of financial markets and provider of trading strategies.